CFDs and capital raisings

[david27]

I just wanted to know if anyone could help me with this issue, are CFD holders entitled to subscribe to capital raisings?

 

[aazar]

Re: CFD's and capital raisings

No you're only entitled to dividends and stock splits etc but not capital raisings, since you are technically not a shareholder...The CFD only gives u the economic benefits of the shares, but nothing more.

 

[huyha123]

which mean you can short the stock right after it come out of trading halt? with no worry about have to give another stock at cheap price?

 

[db96]

With CFDs you can still participate in Rights issue. Just contact your broker. However, you can not participate in Share Purchase Pan.